Russia

International , Construction , Pipelines

Putin: Nord Stream 2 Pipeline Will Be Finished By Around Year-end

Nord Stream 2, which will carry Russian gas to Europe avoiding transit across Ukraine, requires some 160 km of pipes to be laid and was initially expected to be in operation in the first half of 2020.

January 14, 2020

Exploration & Production , Crude Oil , International

Russia Oil Production Surges To Record High In 2019

Russian oil production has been rising for the past decade thanks to the startup of new fields and the introduction of new technologies at mature deposits.

January 2, 2020

Natural Gas , Trade , International , Midstream

Russia, Ukraine Clinch Final Gas Deal On Gas Transit To Europe

The deal, which came just 24 hours before the current agreement expires, averted a potential Russian gas-flow interruption to Europe and helped Moscow avoid another blow to its reputation.

December 30, 2019

Natural Gas , International , Infrastructure , Pipelines

US Sanctions Block Hurry-up Work On Russian Gas Pipeline

President Donald Trump signed a bill late this month imposing sanctions on the Nord Stream 2 gas pipeline project led by Russia's state-controlled gas company.

December 30, 2019

Crude Oil

Oil Hits Highest Since September On Trade Hopes, OPEC Cuts

Oil rose further above $67 a barrel to its highest in over three months on Dec. 26, buoyed by a report showing lower U.S. crude inventories, by hopes of an end to the China-U.S. trade dispute and OPEC-led efforts to constrain supply.

December 26, 2019

Crude Oil

Oil Prices Rise In Quiet Christmas Eve Trade Amid Supply Cuts

Oil prices rose on Dec. 24 in thin pre-Christmas trading after Russia's energy minister said cooperation with OPEC to support the market would continue and as analysts forecast a second weekly decline in U.S. crude inventories.

December 24, 2019

International , Pipelines

Russia Says Nord Stream 2 Will Be Ready Within Months

Around 160 km (100 miles) of the gas pipeline, which will supply Russian gas to Germany and other European countries, remains to be laid, the consortium behind the project said earlier on Dec. 23.

December 23, 2019

Conventional

Equinor, Rosneft To Extract 250 MMbbl Of Oil At Russian Field

Oil firms Equinor and Rosneft expect to extract some 250 million barrels of oil and 23 billion cubic meters of gas during the first part of the development of the Severo-Komsomolskoye oilfield in Russia, Equinor said on Dec. 23.

December 23, 2019

Crude Oil

Russia's Novak Says OPEC+ May Consider Easing Oil Output Caps In March

OPEC and other leading oil producers may consider easing oil output restrictions at their meeting in March, Russian Energy Minister Alexander Novak said in an interview aired on Dec. 23.

December 23, 2019

International , Pipelines

Russia Gas Export Pipeline In Jeopardy As Trump Signs Sanctions Bill

Swiss-Dutch company Allseas said it had suspended work on building a major Russia-to-Germany natural gas pipeline in order to avoid U.S. sanctions contained in legislation signed by President Donald Trump on Dec. 20.

December 22, 2019